Suppose you have the following financial information of a bank: Amount rate of return on assets Assets Earning Assets: Securities Loans Non-earning assets Total $475 $725 4.50% 7.50% 0.00% $100 $1,300 rate of cost on liabilities 3.00% Liabilities&Equity Amount Liabilities $1,175 Equity $125 Total $1,300 Industry Average NIM 3.54% What is the bank's NIM (Net interest margin)? Is the bank performing better or worse than average? (Hint: Interest income: earning asset #1*rate of return#1 + earning asset #2*rate of return#2 + earning asset #3*rate of return#3... Interest expenses: liability*rate of cost)